Home › Forums › General Discussion › 2019 is going to be a great year › Reply To: 2019 is going to be a great year
@George-Hi there! I’m glad that others are engaging more in the forum as well. For my 70% winning performance criteria in the live account, I follow every closed trade and confirm that there are no more than 3 losses within 10 trades. For instance, I recently took off an EA that was making money for me before, but towards the end of December it had 3 losses in a row and then 1 more loss a couple of days later. It was only about 6 completed trades, so therefore this EA went below my performance criteria and I took it off.
I find that if I wait for 10 closed trades, I may have more than 3-4 losses and I don’t want to lose more money that need be. So I check the performance of all my EAs using FX Blue Live twice a day. When I put an EA on the live account, I use Petko’s awesome trick to avoid (or do minimal) demo testing. It has saved me a ton of time. So I take into consideration the count of trades that EA Studio found, the count of trades that MT’s strategy tester did, and then I start tracking performance (I take EA Studio’s count of trades even if there is a difference from the strategy tester number). *I still put every EA that I create and use on my demo account as a back-up to monitor performance.